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Max Healthcare Institute Ltd

NSE: MAXHEALTH · BSE: 543220 · Healthcare · 57 announcements

Share price
₹903.10
Market cap
₹87,900 Cr
Revenue (annual)
₹8,373 Cr
Net profit (annual)
₹1,442 Cr
P/E (TTM)
60.3×Sector 53.1×
Promoter holding
23.71%+0.00% QoQ
FII holding
41.78%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

20:58 IST BSE
Merger & Restructuring

Max Healthcare Institute Merger & Restructuring

Max Healthcare acquired a 100% stake in Yerawada Properties Private Limited. This facilitates setting up a 450-bed super speciality hospital in Pune.

20:30 IST NSE
Legal & Regulatory

Max Healthcare Institute Legal & Regulatory

Max Healthcare received a ₹0.32 Crore penalty from the Income Tax Department. The company is currently filing an appeal against this order.

Value
₹0.32 Cr
23:14 IST NSE
Legal & Regulatory

Max Healthcare Institute Legal & Regulatory

Max Healthcare received an Income Tax penalty of ₹0.11 Crore regarding FY 2018-19 transactions. The company plans to file an appeal against the order.

Value
₹0.11 Cr
22:53 IST BSE
Legal & Regulatory

Max Healthcare Institute Legal & Regulatory

Max Healthcare received an Income Tax Department order imposing a ₹0.11 Crore penalty. The company is currently appealing the decision.

Value
₹0.11 Cr
22:31 IST BSE
Promoter Reclassification

Max Healthcare Institute Promoter Reclassification

Max Healthcare applied to re-classify Radiant Life Care Hospital Foundation from promoter to public category. The change awaits stock exchange approval and no-objection.

17:06 IST BSE
Legal & Regulatory

Max Healthcare Institute Legal & Regulatory

The CCI dismissed allegations of dominant position abuse against Max Healthcare's network hospitals. This favorable regulatory outcome removes potential legal liability and operational risk.

19:18 IST NSE
Management Change

Max Healthcare Institute Management Change

Max Healthcare re-appointed Anil Kumar Bhatnagar as Non-Executive Director for 36 months. The board also re-appointed M/s. Chandra Wadhwa & Co. as Cost Auditors.

Execution
36 months
18:59 IST NSE
Dividend

Max Healthcare Institute Dividend

Max Healthcare recommended a final dividend of ₹2 per equity share. The record date and general meeting schedule will be finalized in due course.

16:31 IST NSE
Results Update

Max Healthcare Institute Results Update

Max Healthcare reported Q4 revenue of ₹2,664 Crore, reflecting 10% YoY growth. Strong operational performance and capacity expansion signal continued growth momentum for investors.

Value
₹2,664 Cr
16:25 IST NSE
Financial Results

Max Healthcare Institute Financial Results

Max Healthcare reported ₹8,536.07 Crore annual consolidated income and recommended a ₹2/- per share dividend. The board also approved a new 712-bed hospital in Lucknow.

Value
₹8,536 Cr
13:13 IST NSE
Employee Stock Options

Max Healthcare Institute Employee Stock Options

Max Healthcare granted 2,15,000 stock options worth ₹13.15 Crore to eligible employees. This employee incentive scheme aligns long-term staff interests with company performance and growth.

Value
₹13.15 Cr
Execution
Vesting not earlier than 1 year and not later than 5 years
22:19 IST BSE
Legal & Regulatory

Max Healthcare Institute Legal & Regulatory

Max Healthcare updated on a petition filed before NCLT regarding alleged mismanagement at its subsidiary, Kalinga Hospital. The matter is reserved for orders after recent submissions.

20:19 IST NSE
Acquisition

Max Healthcare Institute Acquisition Worth ₹298 Cr

Max Healthcare acquired a 58.28% stake in Kalinga Hospital for ₹297.97 Crore. KHL becomes a subsidiary, expanding the company's footprint into Bhubaneswar, Odisha.

Value
₹298.0 Cr
13:13 IST BSE
Promoter Reclassification

Max Healthcare Institute Promoter Reclassification

Max Healthcare received a request to re-classify Radiant Life Care Hospital Foundation from promoter to public category. The entity currently holds no shares in the company.

18:42 IST BSE
Annual General Meeting

Max Healthcare Institute Annual General Meeting

Max Healthcare shareholders approved the re-appointment of Mr. Narayan K. Seshadri via postal ballot. The resolution passed with a 91.07% majority in favor.

19:23 IST NSE
Employee Stock Options

Max Healthcare Institute Employee Stock Options

Max Healthcare Institute Limited allotted 51,287 equity shares on May 1, 2026, under its ESOP/ESPS scheme. This increases the company's total paid-up share capital from 973,192,502 to 973,243,789 shares. The allotment follows a 2022 board approval for employee stock-based benefits.

19:11 IST BSE
Employee Stock Options

Max Healthcare Institute Employee Stock Options

Max Healthcare Institute Limited allotted 51,287 equity shares to employees under its ESOP Scheme 2022 on May 1, 2026. The allotment, valued at ₹1.80 Crore based on an exercise price of ₹350 per share, increases the company's paid-up equity capital to ₹973.24 Crore.

Value
₹1.80 Cr
22:24 IST BSE
Legal & Regulatory

Max Healthcare Institute Legal & Regulatory

Max Healthcare Institute Limited received a Rectification Order from the Delhi GST authority withdrawing an earlier tax demand of ₹55.20 Crore. The authority accepted the company's submissions regarding alleged excess Input Tax Credit availment. This outcome successfully resolves the previously disclosed tax dispute without any financial liability.

Value
₹55.20 Cr
16:43 IST NSE
Annual General Meeting

Max Healthcare Institute Annual General Meeting

Max Healthcare Institute Limited has issued a postal ballot notice seeking shareholder approval for the re-appointment of Mr. Narayan K. Seshadri as a Non-Executive Non-Independent Director. The proposed tenure is for three years, effective from May 16, 2026, to May 15, 2029. Voting concludes on May 11, 2026.

Execution
3 years
16:12 IST NSE
Annual General Meeting

Max Healthcare Institute Annual General Meeting

Max Healthcare Institute Limited issued a postal ballot notice to shareholders for the re-appointment of Mr. Narayan K. Seshadri as a Non-Executive and Non-Independent Director. The e-voting period runs from April 12 to May 11, 2026. If approved, the tenure will span three years from May 16, 2026.

Execution
May 16, 2026 to May 15, 2029
16:15 IST NSE
Acquisition

Max Healthcare Institute Acquisition Worth ₹300 Cr

Max Healthcare Institute Limited is acquiring Kalinga Hospital Ltd. in Bhubaneswar for ₹300 Crore. The 250-bed multi-specialty facility expands the company's footprint in Odisha. The cash transaction is expected to conclude within 4-6 weeks, adding to the group's revenue and regional profitability.

Value
₹300.0 Cr
Execution
Within 4-6 weeks from execution of SPA
16:04 IST NSE
Management Change

Max Healthcare Institute Management Change

Max Healthcare Institute Limited has re-appointed Mr. Narayan Keelveedhi Seshadri as a Non-Executive Non-Independent Director for a three-year term effective May 16, 2026. Mr. Seshadri is a seasoned professional with over forty years of experience in business transformation and strategic leadership.

Execution
3 years
12:17 IST BSE
Board Meeting Outcome

Max Healthcare Institute Board Meeting Outcome

Max Healthcare's board approved the acquisition of a 58.39% stake in Kalinga Hospital, Bhubaneswar, for ₹300 Crore. The deal includes a ₹100 Crore loan and $5 Million corporate guarantee for the target. Expansion into Eastern India will be funded via a ₹300 Crore External Commercial Borrowing from Standard Chartered Bank.

Value
₹706.5 Cr
Execution
4-6 weeks
22:14 IST BSE
Other Announcement

Max Healthcare Institute Other Announcement

Max Healthcare Institute Ltd submitted its quarterly certificate under SEBI Regulation 74(5) for the period ending March 31, 2026. The registrar, MUFG Intime India, confirmed no dematerialization requests were received as the company has no physical shares. This is a routine regulatory compliance filing.

Execution
Quarter ended March 31, 2026